Stock analysis is used by traders to make buy and sell call. It’s an approach to make informed decisions while investing in stocks. Stock analysis can be categorised into – fundamental analysis and technical analysis. Fundamental analysis is evaluation of data from sources, including financial records, economic reports, company assets, and market share. Analysts typically study the company’s financial statements – balance sheet, income statement, cash flow statement, and footnotes. These statements are made available to the investors in the form of quarterly earnings, disclosures to stock exchanges in compliance with the Securities and Exchange Board of India (Sebi) norms. In fundamental analysis, the analysts particularly check for a company's core income, income from other sources, profitability, guidance, assets and liabilities and debt ratio among other parameters. The other method, i.e. the technical analysis focuses purely on statistical data. It works on two assumptions; one, the stock price reflects the fundamentals. Second, the study of past and present movement in prices can help determine the future price trends. Technical analysis primarily deals with price, volume, demand and supply factors. This method is effective only when supply and demand forces influence the market. However, when outside factors are involved in a price movement, technical analysis may not be successful. More
At present, the market is not generating any signal of reversal. So, traders need to get cautious while entering any long at these higher levels.
Ashwani Gujral of ashwanigujral.com suggests buying Reliance Capital, Larsen & Toubro and Vedanta.
Credit Suisse has maintained outperform rating on Jubilant Foodworks with a target price of Rs 1,500.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Larsen & Toubro, Dalmia Bharat and Motherson Sumi and can sell Fortis Healthcare and Raymond.
According to Prakash Gaba of prakashgaba.com, crucial support for the Nifty is at 9920 and the resistance is at 10036-10069. On the other hand, Bank Nifty has support at 24650 and resistance at 25550.
Prakash Gaba of prakashgaba.com is of the view that one may stay invested in Larsen and Toubro.
Prakash Gaba of prakashgaba.com is of the view that IRB Infra can climb to Rs 230 while Larsen & Toubro can slide to Rs 1140.
Ashwani Gujral of ashwanigujral.com recommends buying V-guard Industries, Cipla and Larsen & Toubro.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views and outlook on the market and specific stocks.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy L&T and Raymond and can sell Apollo Hospitals.
ITC, Infosys, and Bharti Airtel, among others are on the radar of analysts on Thursday.
Shahina Mukadam, Independent Market Expert advises buying Larsen and Toubro.
According to Prakash Gaba of prakashgaba.com, crucial support for the Nifty is at 9675 and the resistance is at 9816. He has four bullish calls including Bosch, Eicher Motors, L&T and Sun Pharma.
The expectations from June quarter earnings are fairly muted. However, few surprises cannot be ruled out.
ICICI Bank, Larsen & Toubro, and Siemens are on the radar of Religare Securities
Mitessh Thakkar of miteshthacker.com is of the view that one can sell RBL Bank and The Ramco Cement and buy JSW Steel, Jindal Steel Power and Shipping Corporation of India.
Prakash Gaba of prakashgaba.com is of the view that stocks like L&T, Fortis Healthcare and Jain Irrigation look weak.
Savvy investor Porinju Veliyath’s recent pick is one such construction company - Raunaq EPC International. The investor has recently bought 35000 shares recently at Rs 143.26 a share.
Ashwani Gujral of ashwanigujral.com recommends selling Balkrishna Industries, Axis Bank and Larsen and Toubro.
Mitessh Thakkar of miteshthacker.com has a bullish stance on Reliance Industries and advises buying L&T around Rs 1720.
Some quality names in IT and pharma are available at appealing valuations which are attracting smart money into these stocks.
Ashwani Gujral of ashwanigujral.com advises selling Larsen and Toubro.
A vibrant economy and stable currency will make it hard for foreign investors to ignore the theme.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy UCO Bank, Larsen and Toubro and Edelweiss Financial Services.
RBI’s circular on NPA resolution, along with L&T and Infosys, among others are being tracked by analysts today.